Current:Home > ContactIs Ames Department Stores coming back? Previous online speculation fell flat -Insightful Finance Hub
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-18 18:07:51
Decades after closing down hundreds of stores, online posts have again suggested a potential return for Ames Department Stores, despite previous speculation that failed to materialize.
A message on a website and social media accounts purporting to belong to the store says the company plans to open dozens of locations across the United States beginning in 2026 after closing up shop more than two decades ago.
But organizers of the alleged store comeback have been difficult to reach and verification tough to come by.
A previous version of the website claimed the store was eyeing a 2023 comeback, an effort that did not come to fruition.
USA TODAY has reached out for further information.
Based in Rocky Hill, Connecticut, the former chain of discount stores shuttered its stores in 2002 after more than four decades of operation. Ames shut down more than 300 department stores, leaving 21,500 employees jobless, a year after it filed for U.S. bankruptcy-court protection, the Wall Street Journal reported at the time.
The company could not immediately be reached by USA TODAY on Monday to say whether the new locations would be opened.
Why did Ames go out of business?
The company, run by former chairman and CEO Joseph R. Ettore, "started to bleed after Walmart and Target began setting up shop in its backyard in the 1990s," the Wall Street Journal previously reported.
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at nalund@usatoday.com and follow her on X @nataliealund.
veryGood! (2)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Florida's coral reef is in danger. Scientists say rescued corals may aid recovery
- Britney Spears and Sam Asghari Break Up After One Year of Marriage
- Here’s How You Can Stay at Ashton Kutcher and Mila Kunis' Beach House
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Kentucky gubernatorial rivals Andy Beshear and Daniel Cameron offer competing education plans
- Indiana test score results show nearly 1 in 5 third-graders struggle to read
- Watch the delightful moment this mama pig and her piglets touch grass for the first time
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Commission won’t tell Wisconsin’s top elections official whether to appear at reappointment hearing
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Brody Jenner and Tia Blanco Share Glimpse Into New Chapter With Baby Girl Honey
- SWAT member fatally shoots man during standoff at southern Indiana apartment complex
- Pig kidney works in a donated body for over a month, a step toward animal-human transplants
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Lionel Messi scores again, Inter Miami tops Philadelphia 4-1 to make Leagues Cup final
- Victor of Louisiana insurance commissioner election decided after candidate withdraws
- Niger coup leaders say they'll prosecute President Bazoum for high treason
Recommendation
'Most Whopper
Off-duty LA County deputy fatally shot by police at golf course
Woman charged with murder in case of Kansas officer killed in shootout with car chase suspect
Should governments be blamed for climate change? How one lawsuit could change US policies
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Horoscopes Today, August 15, 2023
Florida art museum sues former director over forged Basquiat paintings scheme
'It's aggressive': Gas stations in Indiana town to close overnight due to rise in crimes